Extract from our Nordic M&A Newsletter

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The Helsinki Shipyard to be sold to Russian private investors
April 11, 2019

The Russian government has signed a directive under which the Russian state-owned company United Shipbuilding Corporation (USC) is entitled to sell Arctech Helsinki Shipyard. The shipyards losses in recent years are reportedly due to USC being on the US sanction list. A sale is expected to be closed in April 2019.

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